reported on Wednesday that several stocks are worth keeping an eye on Thursday, including Lululemon, Nvidia, TSM, and Five Below.
Canadian athletic apparel retailer Lululemon is expected to release its quarterly earnings report on Thursday. Analysts are predicting strong results due to the growing popularity of athleisure wear and the company’s successful online sales. Lululemon’s stock has been performing well recently, and investors are hopeful that this trend will continue.
Chipmaker Nvidia is another stock to watch on Thursday. The company’s stock has been on the rise lately, fueled by strong demand for its graphic processing units (GPUs) used in gaming consoles and data centers. Nvidia is expected to provide an update on its quarterly earnings and future outlook, which could impact its stock price.
Taiwan Semiconductor Manufacturing Company (TSM) is also on the radar for Thursday. The company is a major supplier of semiconductors to tech giants like Apple and Qualcomm. TSM’s stock has been volatile recently due to global supply chain disruptions, but investors are hopeful that the company will be able to navigate these challenges and continue to grow.
Lastly, discount retailer Five Below is another stock to keep an eye on Thursday. The company caters to budget-conscious shoppers and has seen a surge in sales during the pandemic as consumers look for affordable options. Five Below is expected to report its quarterly earnings, and analysts are optimistic about its performance.
Overall, these stocks are worth watching on Thursday as they each have the potential to impact the market and provide valuable insights into their respective industries.
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https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-live-06-06-2024/card/stocks-to-watch-thursday-nvidia-lululemon-five-below-Ms1SJgElfdu2xsQY4uXk
